35674 Highway 41 Coarsegold, CA 93614
- Commercial real estate
- 1,500 SF
- 2.60 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 35674 Highway 41
- Year built
- 1979
- Lot size
- 2.60 lot acres
- Property size
- 1,500 SF
- Zone code
- RRM
- Property type
- Commercial real estate
- APN
- 054-070-017-000
- APU
- 54070017000
Description
This exceptional 1,500 square foot commercial property, situated on a generous 2.6-acre lot at 35674 Highway 41 in Coarsegold, California, presents a unique investment opportunity. Boasting prime Highway 41 frontage and Mixed Use (CRM) zoning, this property offers unparalleled versatility. The existing building features a desirable open floor plan, a private office, a bathroom, and a kitchen area, all enhanced by attractive vaulted ceilings and a loft space. Ample parking is provided with 16 existing spaces, and the expansive lot allows for significant expansion potential. The property's location in the heart of historic Coarsegold ensures high visibility and accessibility. The zoning permits a blend of commercial and residential uses, allowing for the creation of a business with a convenient residential component on the same property. This presents a rare chance to establish a thriving enterprise while enjoying the convenience of on-site living. The clean and simple lot, combined with the existing building, provides a solid foundation for an entrepreneur's vision, offering endless possibilities for development and growth. This is a truly remarkable opportunity to own a versatile and strategically located commercial property in a desirable California setting.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $290,000
- 6.5%
- $305,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $345,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $270,000
- Retail
- $320,000
- Mixed-Use
- $260,000
- Hospitality
- $310,000
- Educational
- $260,000
- Residential Income
- $325,000
- Energy
- $275,000
- Income-Based Land
- $270,000
- Food Service
- $260,000
Location Insight
- Map
- Local Demand
- City
- Coarsegold
- County
- Madera
- State
- California
- Longitude
- -119.681
- Latitude
- 37.2652
- CBSA code
- 31460
- CBSA name
- MADERA, CA METROPOLITAN STATISTICAL AREA